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Abstract

This analysis provides the quantitative results of eliminating certain aspects of current federal dairy policies and replacing them with the “Foundation for the Future” (FFTF) program. There are four major policy changes considered in this analysis: 1) Elimination of the Dairy Product Price Support Program (DPPSP), 2) Elimination of the Milk Income Loss Contract (MILC) program, 3) Introduction of the Dairy Producer Margin Protection Program (DPMPP) and 4) Introduction of the Dairy Market Stabilization Program (DMSP).